News

Just days after Mastercard filed a patent to link fiat and cryptocurrency transactions, the payment giant’s CEO lashes out at cryptocurrency — once again describing the asset class as “junk” that should not serve as a medium of value-transfer. As a board member of the US-India Strategic Partnership Forum, President and CEO Ajay Banga argued […]

At the last G20 summit in March 2018, financial leadership from twenty of the world’s most significant economies had wildly divergent opinions about the validity and risk of cryptocurrencies. While some countries feared that official actions by the group would provide more legitimacy than the relatively new currencies deserved, others worried that an unregulated crypto […]

Once plagued by a black market stigma, cryptocurrencies have risen from public uncertainty to global proliferation. Arrested in 2015, an alleged Silk Road drug dealer is now fighting to reclaim his 226 BTC worth over $1.8 million. Murky Regulations, A Fortune on the Line Canadian police laid claim to $1.8 million worth of Bitcoin seized […]

After a turbulent launch, the EOS mainnet faced further issues with its controversial network constitution and a shortage of RAM supply. On July 26, 2018, EOS block producers voted to increase the RAM supply and lower costs for developing applications on the network. EOS RAM Supply Doubles On July 26, EOS block producers voted to […]

Ethereum co-founder Vitalik Buterin put forward a series of open questions to the cryptocurrency community in a recent discussion with Mars Finance International WeChat group, postulating seven issues present within the current blockchain ecosystem. Buterin’s “hard questions for any blockchain people” deal with some of the biggest obstacles that stand between the current state of […]

Launched July 24, 2018, Waves Decentralized Exchange allows users to exchange and issue their own tokens almost instantly. Amidst a successful $6 million launch, Waves experienced a security breach that uncovered greater issues to the network. Waves DEX: Fast, Easy and Unsafe? Waves decentralized exchange (DEX) reported $6 million in daily trading volume during its […]

The commission-free cryptocurrency market gained more competition on July 25, 2018, when the Voyager revealed the intent to offer free trading for at least 15 different cryptocurrencies. Voyager, a startup backed by Uber co-founder Philip Eytan, will function as an aggregation engine for cryptocurrency prices across more than a dozen trading companies. The platform will allow customers […]

On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application. Skrill’s Cryptocurrency Push As per a report on Finance Magnates, Skrill added Bitcoin, Bitcoin Cash, Litecoin, and Ethereum currency options for its customer base of over 25 million spread worldwide. Customers can now buy and sell the cryptocurrencies […]

An in-depth analysis of the fintech sector by the European Parliament Committee on Economic and Monetary Affairs revealed a highly nuanced EU Parliament position on cryptocurrencies, with the committee stating the possibility for crypto to function as an alternative to fiat currency in a variety of different applications. The July 2018 report, entitled “Competition Issues in […]

The regulatory body overseeing Japan’s digital currency and trading market introduced a rule that could potentially affect thousands of traders in the cryptocurrency-crazy nation. Regulating Crypto, One Step a Time As reported by Nikkei Asia Review on July 25, 2015, the Japan Virtual Currency Exchange Association (JVCEA)  announced a widespread crackdown on the country’s margin […]